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Verona Condominium, Astoria’s Newest Luxury Development, is 50 Percent Sold

Dec. 3, 2017 By Staff Report

Less than six months after luxury condos went on sale at a new Astoria building, the exclusive sales team of Gavrilov-Grosso at The Corcoran Group has sold more than 50 percent of the units.

The seven-story building, called the “Verona Condominium,” is located at 21-17 31st Ave. and consists of 56 luxury units from studios to two bedrooms, featuring glass balconies, Italian porcelain tile bathrooms, in-unit washers/dryers, large living spaces and gourmet kitchen finishes.

One bedrooms, which account for most of the remaining units available, start at $695,000. All purchasers are anticipated to move in at the beginning of spring 2018.

The project was designed by Meltzer/Costa & Associates and developed by Park Construction Corp.

“We’ve seen a great response from buyers, many of whom are new to this market,” said Aleksey Gravilov and Joseph Grosso.

“The main draw is the location of the building being so close to the N, W subway lines, a new ferry and the Q69 bus. It is all about convenience.”

Roof deck at Verona (rendering)

Luxurious amenities are also a big draw, according to the partners, which include a virtual doorman & package room, bike storage, fitness center, garage, roof deck with a self-service BBQ grill, complimentary private storage, eligibility for a 15-year 421A tax abatement and more.

More information on the property and its available units can be found at veronacondos.com. Complete offering terms are in an offering plan available from sponsor file no. CD-16-0417

email the author: [email protected]

3 Comments

Nasir

it’s not half sold. They are sending out blasts to the broker community twice a day.
until closings commence you can’t say anything is sold! Deals fall through.

Just a heads up, developers are so pathetic now, and here’s my example……they tiled the exterior of this building. it’s flooring tile. look at it. i mean, come on.
This is a horrible design. It looks just like shit. lazy and ugly design. it has no character. i guaranfuckingtee this will be all investors.
The building down the block that Jennifer from Bond sold, The Lincoln, all investors.
There’s 3 units under contract still. 11 units rented, and one active rental . That’s all 15 homes rented. primary owners don’t rent, they live. this is ridiculous.
stop selling to goddamn investors. Yes, Jennifer, you too. Tell your cheap ass developers to build something family sized. 530 sq feet is claustrophobic and not livable.




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Dan

Very annoyed that this is listed under “more news” and not revealed as an advertisement until after you open the article. Is that even legal? Certainly not ethical.




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Basta

Agreed. Especially since it is clearly fabricated to try and spur demand. If they say it is half sold, in reality that means it is still 85% empty.




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